12 Grace Street, Moree NSW 2400

Vacant R1 residential lot | 797m² flood-free land | Build or invest parcel | Moree low-density pocket This is a competitively positioned vacant lot in a low-density residential pocket of Moree, offering a 797m² flood-free site with R1 General Residential zoning. Its size and zoning make it rare for the street, suiting a buyer looking to build a new home or hold for future development. The flood-free status is a genuine advantage in a regional centre where flood risk can constrain land values. This property serves best as a long-term land hold or a custom-build opportunity, appealing to owner-occupiers, local investors, or small-scale developers who value a clean, serviced site in an established street. The value of this property may be shaped by its vacant status and the lack of an existing dwelling, meaning its worth is tied to land value and development potential. The R1 zoning could support a range of residential uses, but any development is subject to council approval, which may introduce timing and cost considerations. The absence of building improvements means no rental income is possible until construction is completed, which might affect short-term investment returns. A buyer should weigh the land’s flood-free position and lot size against the need for a full build budget and local market demand for new housing.